Stress climate test for French companies in 2020

The Banque of France and the the authority of prudential supervision and resolution (ACPR) are setting up a climatic stress test. The aim is to assess the resilience of the financial and insurance sectors in the face of a large-scale disaster.

During the first quarter of 2020, companies will have to face three situations, each simulating a particular ecological transition. The experts will thus be able to assess the companies' reactivity to a gradual, brutal or even non-existent transition. The results are expected to be published by the end of the year.